Wed, Sep 21, 2005
"It Would Be A Step In The Wrong Direction"
US government officials Tuesday warned their closest allies --
the British -- that loaning Airbus $680 million to launch the A350
could raise transatlantic tensions in the midst of a huge World
Trade Organization dispute over government help for aircraft
"It would be a step in the wrong direction," said Neena
Moorjani, a spokeswoman for the US Trade Representative in
Washington. She was quoted by Bloomberg News as saying,
"Negotiations will become much harder if the UK, or any other EU
member state, commits subsidies to the A350."
But Britain, bent on keeping the jobs associated with
manufacturing the wings for Airbus's rival to the Boeing 787,
appeared poised to at least promise -- if not actually deliver --
the huge loan.
"We are considering the application we received seriously," a
spokesman for the UK's Department of Trade and Industry in London
It's the latest shot in the world's biggest formal trade dispute
to date. While Airbus says US plane-maker Boeing gets millions in
direct and indirect subsidies from local and federal governments,
Boeing -- which brought the suit to the WTO's trade court earlier
this year -- says Airbus is getting too much of a sweetheart deal
from the governments of Britain, France and Germany. The suit will
likely take years to sort out.
ANN/Aero-TV Marketing Department Needs Part or Full Time Personnel Since ANN started, we have enjoyed the amazing support of a group of sponsors who have, by and large, been genero>[...]
"On his last day in the country he gave his life for, Tyler was working on his RV-8 at the EAA hangar. He spoke to (chapter member) Vance Simons, who had become a friend since he i>[...]
Klyde Does 'Drone' On... FMI: www.klydemorris.com>[...]
Also: Wanna Buy A Control Tower?, SAC 7-35 Airdata Computer, Remembering Frank Beagle, Exp 35 Astros Drop In, 777X Team Named, AF Academy Grads Will Get Their Flyover! The X-47B Un>[...]
Historical Fiction Set Against Invasion Of Kuwait In 1990 In order to succeed in his invasion of Kuwait on August 2, 1990, Saddam Hussein needed weapons. Weapons lead to questions:>[...]